FCF Part H. You forecast free cash flows (FCF) Year est free cash flows (FCF) for Redlands Inc. for the next three years as follows: 2020 $400 500 2021 2022 700 mine that the firm's weigheriod. The pre dierowth rate of 2% beyond the forme periods (n) 84340 dation, you determine that the firm's weighted average cost of capital is 6% and you forecast an annual growth rate of 2% beyond the forecast period. The present value factors for 6% are as follows: .89000 .83962 Required: 1. Forecast free cash flows (FCF) for 2023. 2. Determine the terminal value (TV) of FCF at the end of 2023: Time 3. Complete the following table to determine firm value (FV). Present Value Year FCF Value of FCF (Rounded) 2020 $400 94340 2021 500 .89000 2022 700 .83962 .83962 FV 4. Assume the Redlands has 1,000 shares of common stock outstanding at the end of 2019 and no interest-bearing debt. Compute the intrinsic share price of common stock at the end of 2019. 5. Assume that you were considering investing in Redlands and the stock was trading at $17 per shar Would you invest in Redlands